Jackson County Land Auction – THURSDAY, JUNE 2, 2016
441.59 Acres m/l in one tract NW of Mayetta, KS
S2, 14-8-14 and approximately 120.26 acres SW4, 13-8-14
330 Acres mostly terraced (some tiles) tilled farm ground, 40 acres alfalfa, 30 acres waterways, 5 ponds. Current crop and hunting leases in effect for 2016 season. Possession of Ag Land shall be
November 1, 2016. Hunting lease expires December 31, 2016. Seller is
Retaining all lease payments.
JUNE 2nd, 2016 10:00 a.m. closing on or before July 8th, 2016
YOUR PLACE OR MINE – 501 E 5th St. Holton, KS 66436
Seller is offering a $200 per acre discount for a Seller carry, finance package for 10 years. Seller and Buyer to split equally the cost of the Title Insurance and Title Closing Cost. Final bid subject to Seller confirmation. Announcements Sale Day take precedence over prior information.
$100,000 Non refundable earnest money due on Auction Date! Kansas Secured Title will be the escrow agent for earnest money and closing. If the Seller finance package is elected by Buyer, an additional $150,000 will be due at closing. The loan balance shall be payable semiannually for ten years at 4.0% interest with the first payment due July1, 2017. Buyer and Seller to split equally the cost of escrow at Denison State Bank for Seller financing. This loan cannot be paid off early. If Buyer is obtaining their own financing, no financing contingency will be allowed. Any inspections deemed necessary by Buyer, shall be paid for by the Buyer and shall be completed prior to Auction Date.
SELLERS: ADAM, JR. AND RUTHANN NOCKTONICK TRUST
Ag land like this in one farmable tract is hard to find!
Directions: Head North from 158th Rd and L Rd to the property. Land is on East side of L Rd.
Roger Hower, Associate Broker
Kellerman Real Estate
101 W 4th St.
Holton, KS 66436